opp
Other people's Portfolios
It means pulling a Bernie Madoff. Jacking the elderly, infirm, widows, or just middle class America. Its when hedge funds and investment banks leverage at stratospheric levels of other people's portfolios in order to achieve above average market returns, but don't anticipate and insure for contingencies and black swans.
It means pulling a Bernie Madoff. Jacking the elderly, infirm, widows, or just middle class America. Its when hedge funds and investment banks leverage at stratospheric levels of other people's portfolios in order to achieve above average market returns, but don't anticipate and insure for contingencies and black swans.